This is how Finance & Contract Hire Gap works.
In the event of an insurance write off as a result of an accident, fire or most commonly theft, our Finance & Contract Hire Gap insurance will pay the difference between what your insurer agrees to pay, (the Market Value determined by Glasses Guide) and the outstanding settlement figure owed to your finance company. This product eliminates the risk of financial negative equity.
No other Finance & Contract Hire Gap policy provides all this...
- Our policies cover includes all factory fitted options, up to £1,500 dealer fitted accessories, paint and upholstery treatments, insurance premiums and non transferable warranty charges.
- Unlike other Gap policies, the vehicle or motorcycle Purchase Price you are protecting is not capped or restricted to a 'Glass's Guide' value !
- Our policies cover theft of vehicle with use of keys, a regular form of theft now,
- All gap insurances end when you make a claim, but we will provide a new policy FREE for the remaining period,
- Our policies will pay a finance settlement figure even if it exceeds the purchase price !*1
- Our Finance Gap insurance covers Contract Hire and Leasing agreements too,
- Contributes up to £250 towards your fully comprehensive Insurer's policy excess,
- Our policy includes transferable features included within the policy terms,
- Our Finance & Contract Hire policies will cover cars, light vans, motorcycles and motorhomes,
- All named drivers on the motor insurance policy are covered including those on provisional licences,
- Modified vehicles covered providing motor insurer has agreed the modification,
- Unique written commitment within terms and conditions settle claims within 14 days of insurers settlement,
- Unique transfer to next of kin upon death feature,
- Accident Management service included,
- 1, 2, 3, 4 and 5 year cover options,
- £5,000, £10,000 and £15,000 cover level options.
- Our 'Full Term' feature not offered anywhere else - even dealers !
CLICK HERE to read our Customer Testimonials and see what our customers think about the service and products we offer!
We are independently authorised and regulated by the Financial Services Authority (the FSA). We and our insurers are covered by the Financial Services Compensation Scheme.
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WARNING !
Your dealer will try everything they can to persuade you not to buy elsewhere. They have huge profit targets to achieve and will be very keen to encourage you to buy their product. Our market knowledge tells us that your dealer cover cannot match the features available within our policies. if you are in any doubt try this. Ask your dealer for a copy of the full terms and conditions of their cover. Not a Keyfacts document, a full terms and conditions document. Email it, fax it, or send it to us and we will provide a detailed overview of the differences to enable you to make an informed decision. We will be honest. If it's equal or better - we'll say so and learn from it. We will not charge you for the comparison.